
Investor opportunity to pick up the project where the current owner left off. This multifamily/townhome redevelopment has already seen major improvements completed, including 18 renovated townhome-style units with new windows, roofs, flooring, walls, paint, efficiency-style kitchen sinks, hot water heaters, and studio layouts featuring private showers, toilets, and closets.Property has been rezoned for multifamily/townhome use, and each unit sits on its own permanent foundation. New utilities have been installed allowing each unit to have separate meters. Additional large space on-site offers flexibility for an office, community room, or future laundry facility. Add some attractive landscaping and complete the final touches to maximize the property's potential.Excellent opportunity for strong ROI and high cap rates. Contact listing agent for proforma details and renovation specifics. Property is priced for a quick sale. Property sold as-is. Buyer to verify all information.
Listed By
Agency Name: MarMac Real Estate - The Shoals
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,415.54 per month $1,221.84 Principal & Interest $33.58 Property Tax $160.13 Homeowner's Insurance
2905 12th Ave | MLS# 529141
This multi-family property located at 2905 12th Ave, Sheffield, AL 35660 is currently listed for sale with an asking price of $549,000. Search Sheffield real estate on www.clcommercialrealestate.com today.